The UAE sustainable tourism market size is projected to witness swift growth from 2023 to 2033. According to the research report published by Future Market Insights, the global market is predicted to cross a valuation of USD 40.34 million in 2023. It is estimated to attain a valuation of USD 164.62 million by 2033. The market is expected to thrive at a staggering CAGR of 15.10% from 2023 to 2033.
Based on its advancement of knowledge and innovation, the UAE seeks to transform its national economy into a low-carbon green economy to encourage the demand for UAE sustainable tourism.
The UAE has implemented carbon capture and storage technology, one of the most promising and significant technologies for reducing carbon emissions from industrial enterprises, to promote sustainable tourism.
Large hotel management companies were taking the initiative to develop efficient green strategies that safeguard the environment, increase bottom-line yields, and align with the UAE government's green vision. Incorporating green practices as part of the hotel operation is considered essential.
Attributes | Details |
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UAE Sustainable Tourism Market Share (2022) | USD 34.6 million |
UAE Sustainable Tourism Market Share (2023) | USD 40.34 million |
UAE Sustainable Tourism Market Share (2033) | USD 164.62 million |
UAE Sustainable Tourism Market Share (2023 to 2033) | 15.10% |
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Opportunities for the Future Run:
Key Players' Top Focus on the Environment Serves as the Main Engine for the UAE Sustainable Tourism Industry.
Attributes | Key Trends |
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Environmental Concerns |
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Infrastructure Development |
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The UAE sustainable tourism industry's size developed at a CAGR of 14.20% from 2018 to 2022. In 2018, the global market size stood at USD 20.34 million. The market witnessed considerable growth in the following years, accounting for USD 34.6 million in 2022.
With yearly dollar increases and foreign currency returns that enable it to significantly contribute to GDP and fight unemployment by employing a diversified workforce, tourism is one of the UAE's most significant sources of national income.
The UAE sustainable tourism business directly supported 317,500 jobs, accounting for 5.4% of total employment. This is expected to grow 2.4% yearly to 410,000 jobs, representing 5.9% of total employment in 2027.
Historical CAGR (2018 to 2022) | 14.20% |
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Forecasted CAGR (2023 to 2033) | 15.10% |
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The tourist industry in Dubai and the UAE area is one of the many businesses on which social media and the internet have had a significant impact. Looking at the rapid growth of social media, Abu Dhabi and Dubai cities are boosting their sustainable tourism market trends through social media.
Abu Dhabi is a world-class metropolis with a rich cultural past and a gorgeous modern cityscape. The Department of Culture and Tourism (DCT) in Abu Dhabi is in charge of developing and marketing the emirate, with the overarching goal of assisting Abu Dhabi's transformation into a world-class, sustainable destination of distinction.
As increasing brand visibility and engagement were priority concerns, the Department recognized the need to build a comprehensive social media strategy to increase the demand for UAE sustainable tourism.
Eco-Tourism is a Highly Popular Activity in the UAE Sustainable Tourism Sector.
Travelers are drawn to this sort of adventure travel, as it allows them to explore a new place's culture and natural environment without abusing it or damaging it. Moreover, a portion of the earnings from this sort of travel is invested directly back into local conservation initiatives. The most popular activity for the UAE sustainable tourism business is ecotourism tours.
According to the UAE sustainable tourism market analysis report, the eco-tourism sector by activity type is likely to have the leading market share in 2023. This trend is predicted to continue with an above-average growth rate over the projection period.
The green tourism segment is predicted to garner swift growth in the coming years. The UAE government has significantly committed to environmental preservation and sustainable development. It has adopted several policies, rules, and programs to encourage sustainable tourism. These initiatives include the Dubai Clean Energy Strategy 2050 and the Abu Dhabi Economic Vision 2030, which focus on sustainable practices and promote the expansion of green tourism. In 2022, the green tourism segment captured 32.80% shares in the market.
The Online Booking Segment is Gaining Traction and is Likely to Hold the Dominant Share.
The online booking segment is growing in popularity among booking channels for UAE sustainable tourism due to its capacity to virtually present and experience the venues. Over the projected period, this segment is expected to take over the phone booking channel. In 2022, the online booking segment captured a 37.90% market share.
Furthermore, tourists prefer to book online or through a mobile app, allowing them easy digital payment transmission, real-time tracking, and better security. As tourists may use the Internet to explore and compare information on tourist sights, lodgings, restaurants, and other services, online booking is becoming an increasingly popular strategy globally.
International Tourists Generate the Preponderance of the Market's Revenue.
International tourism is a significant component of the UAE economy and culture. Unlike most other forms of travel and tourism, sustainable tourism appeals to foreign individuals of all ages and economic backgrounds, claiming the dominating market share. Moreover, foreign tourists account for a vast group of businesses and are the sustainable tourism industry's driving force in the UAE.
Dubai has Initiated Several Measures to Enhance the Travel and Tourist Industry.
Tourism is one of the UAE's most important economic drivers. Dubai has established certain long-term goals for its sustainable tourism market growth. These are in keeping with HH Sheikh Mohammed Bin Rashed Al Maktoum's goal of transforming the United Arab Emirates (UAE) into a 'green economy for sustainable development.'
The Dubai Department of Tourism and Commerce Marketing (DTCM) has created a sustainability strategy, roadmap, and holistic approach to ensuring ongoing growth. The UAE sustainable tourism industry share in Dubai is planned to be executed through the Dubai Sustainable Tourism (DST) program.
DST provided a roadmap for execution, as well as a full-fledged program with a variety of practical sustainability activities. Such approaches ensure effective resource management, lowering the business's carbon impact and assisting the company with impending requirements.
Key Players are Contributing to the Global Energy Markets
Sustainable tourism has grown in importance for both destinations and tourism businesses. They are all working to ensure long-term economic viability to differentiate themselves from the competition.
UAE sustainable tourism industry players are also helping local communities convey a favorable image to the market since modern visitors value green and sustainable activities more than ever.
Recent developments Observed by FMI:
Attribute | Details |
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Forecast Period | 2023 to 2033 |
Historical Data Available for | 2018 to 2022 |
Market Analysis | USD million for Value |
Key Region Covered | The Middle East & Africa (MEA) |
Key Countries Covered | UAE |
Key Segments Covered | Type, Booking Channel, Consumer Orientation, Tourist Type, Tour Type, Age Group |
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, Trend Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
The market is valued at USD 40.3 million in 2023.
The market is projected to expand at a CAGR of 15.1% from 2023 to 2033.
Platinum Heritage Dubai and Frommer’s are the key market players.
The market recorded a CAGR of 14.2% from 2018 to 2022.
Eco-tourism segment is likely to remain preferred through 2033.
1. Executive Summary 2. Market Overview 3. Market Background 4. Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Type 5.1. Eco-Tourism 5.2. Green Tourism 5.3. Soft Tourism 5.4. Community Tourism 6. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Booking Channel 6.1. Phone Booking 6.2. Online Booking 6.3. In-Person Booking 7. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Tourism Type 7.1. Domestic 7.2. International 8. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Traveler Type 8.1. Independent Traveler 8.2. Tour Group 8.3. Package Traveler 9. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Consumer Orientation 9.1. Men 9.2. Women 10. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Age Group 10.1. 15-25 Years 10.2. 26-35 Years 10.3. 36-45 Years 10.4. 46-55 Years 10.5. 66-75 Years 11. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11.1. UAE 12. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By States 13. Market Structure Analysis 14. Competition Analysis 14.1. Platinum Heritage Dubai 14.2. Frommer's 14.3. Dubai Sustainable Tourism (DST) 14.4. Arabian Adventures 14.5. WorldStrides 14.6. Pickyourtrail 14.7. Travel Triangle 14.8. Thomas Cook 14.9. Thrillophilia 14.10. Akbar Travels 14.11. TravTalk Middle East 14.12. MALDA Travel & Tourism 14.13. UNWTO 14.14. Surprise Tourism 14.15. Family Travel in the Middle East 15. Assumptions & Acronyms Used 16. Research Methodology
Travel and Tourism
April 2024
REP-GC-3012
333 pages
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